Eastern College under new ownership - triOS Corporation Purchases Assets of Eastern College

HALIFAX, May 16, 2014 /CNW/ - triOS Corporation of Mississauga, Ontario is pleased to announce the purchase of all the assets of Eastern College, which has six career college campuses throughout the Atlantic provinces. Building upon the good reputation and track-record of the Eastern brand, triOS will operate the Atlantic locations as Eastern College, continue to train current students and accept new students under its new ownership. Current students, faculty, and staff of Eastern College will see few immediate differences under the new ownership, however the purchase by triOS will bring new and expanded program benefits to the college over the long term.

triOS Corporation's subsidiary, triOS College Business Technology Healthcare, has nine campus locations throughout Southern Ontario. Similar to Eastern College, triOS is accustomed to offering hands-on practical programs through instructor-led training and a fantastic team that cares about student and graduate success. This commitment to students and their dedication to the Private Career College sector is why triOS made the decision to purchase Eastern College.

"triOS Corporation is excited to expand into Atlantic Canada," said Frank Gerencser, CEO of triOS Corporation. "Eastern College staff and students will now enjoy the reputation, professionalism and experience that triOS has been providing to thousands of individuals in Ontario. The management and staff at Eastern College share the same commitment to excellence and student success. Together we are a stronger organization that will benefit current and future students in the communities we serve."

This investment in the Eastern College campuses allows triOS Corporation to share curriculum, best practices and programs in both Ontario and Atlantic Canada.

"We are pleased to learn that Eastern College will continue to serve the needs of students in Prince Edward Island" said the Hon. Alan Roach Minister of Innovation and Advanced Learning in PEI. "triOS has been operating successfully for many years in Ontario and we welcome their expansion into Atlantic Canada."

As an award-winning private college, triOS College has helped thousands of students become successful, job ready graduates for over 20 years. Building on this tradition, triOS will continue to foster partnerships with the business community in the region, as they help Eastern College graduates find employment and career success. triOS sees the expansion into Atlantic Canada through the purchase of Eastern College as an opportunity to continue to help students across the country discover a richer, more rewarding future through career-focused diploma programs.

About triOS Corporation

Since its inception in 1992, triOS Corporation; through its subsidiary triOS College Business Technology Healthcare Inc., has prepared over 20,000 job-ready graduates for rewarding careers. triOS is the proud recipient of numerous distinctions including being named one of Canada's Best Managed Companies four years in a row.

triOS offers programs in business, technology, healthcare, law and supply chain and has nine campus locations across Ontario. Students receive a career-focused approach to education and have internships included in most programs. More information about triOS may be found at www.trios.com.

About Eastern College

Established in 1983, Eastern College has delivered training in a modular approach to over 30,000 students to enable them to fast-track to job readiness. Based in Halifax, Eastern has campuses in Halifax, Saint John, Fredericton, Moncton, Charlottetown and St John's. Eastern offers programs in business; healthcare; artistry, design, make-up; information technology; social sciences & justice; tourism, travel & hospitality and trades.  More information about Eastern may be found at www.easterncollege.ca.

SOURCE: triOS Corporation

For further information:

Brittany Tkach
Associate Communications Specialist, triOS Corporation
905.814.7212 x1037, brittany.tkach@trios.com


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